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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: kendall harmon who wrote (6178)3/8/2001 11:48:21 PM
From: Jenna  Read Replies (2) of 6445
 
nice one.. EXCO is also a good one but the volume makes it only conducive for a swing or full day trade. Thre are good ones out there, but finding ones with slim spreads, liquidity can be difficult. Best bet is to hold on to some of these.

EXCO Reports 572% Increase in Earnings From Operations and 385% Increase In Cash Flow From Operations for Year Ended December 31, 2000
DALLAS, March 5 /PRNewswire/ -- EXCO Resources, Inc. (Nasdaq: EXCO - news) announced today revenues, earnings and cash flow for the quarter and year ended December 31, 2000.

For the year, EXCO reported net income of $8.4 million, equal to $1.23 per basic share and $1.18 per diluted share, on total revenues of $30.7 million. For 1999, EXCO had net income of $4.7 million, $0.69 per basic and diluted share on total revenues of $12.4 million. Revenues for the years ended December 31, 2000 and 1999, include one time pre-tax gains of $535,000 and $5.1 million, respectively, from the sale of certain oil and gas assets
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